Latest Drilling News

Brightstar Resources has released an updated Definitive Feasibility Study for its Goldfields Project, outlining a robust six-year production plan averaging 75,000 ounces of gold annually and a pre-tax NPV of A$606 million. The study highlights a new 1.5Mtpa processing plant with expansion potential and a clear pathway to first gold by mid-2027.

Cue Energy Resources reports steady production and a strong cash position, advancing long-term gas contracts in Australia with new drilling planned. Key developments in Indonesia and New Zealand also shape the company’s near-term outlook.

Anson Resources has kicked off a revised drilling program targeting lithium brines in Utah and secured a $14 million capital raise, alongside a key offtake agreement for its Green River Lithium Project.

Prominence Energy has completed its acquisition of the Gawler Natural Hydrogen Project, gaining a significant foothold in Australia's emerging natural hydrogen and helium sector. The company is advancing technical evaluations and preparing for early 2026 field surveys to validate its promising geological prospects.

Voltaic Strategic Resources has refined its exploration models at Meekatharra and confirmed significant rare earth and gallium mineralisation at Paddys Well, setting the stage for a focused drilling campaign in 2026 backed by a strong cash position.

Red Hill Minerals reported a solid $7.8 million royalty from its Onslow Iron Project and unveiled promising exploration results across its Broken Hill and Anabama projects, reinforcing its growth trajectory.

Australian Critical Minerals Limited (ACM) has unveiled detailed exploration plans for its Peru projects, highlighting the Flint Project’s compelling high-grade gold and silver targets with drilling scheduled for early 2026.

Australian Critical Minerals has declared its Flint gold-silver project in Peru drill-ready, unveiling a comprehensive technical review and securing permits for an initial diamond drilling program this quarter.

ASF Group Limited closed December 2025 with $1.91 million in cash and nearly four quarters of funding runway, while progressing key investments in mining, technology, and biotech sectors.

ActivEX Limited has completed a $900,000 placement to fund exploration across its Queensland gold and rare earth element projects, while reporting a cash balance of $98,000 at quarter-end. Key drilling results are awaited as the company progresses multiple tenements and JV discussions.

Avenira Limited has made significant strides in developing its Wonarah Phosphate Project, bolstered by strategic operational appointments and advancing infrastructure plans. Meanwhile, exploration at the Jundee South Gold Project is set to commence in 2026 amid ongoing regulatory challenges.

Kalgoorlie Gold Mining has significantly expanded its primary gold mineralisation footprint at the Lighthorse prospect, while advancing resource updates at Bulong Taurus and maintaining a strong balance sheet.